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Red Bull Confirm New Contract For Verstappen

Thursday, 3 March 2022 at 10:50

It ties the Dutch driver to the team for another six years.

Red Bull have confirmed that world champion Max Verstappen has signed a new contract, keeping the Dutch driver at the team until 2028. 

24 year old Verstappen won his first world title by overtaking Lewis Hamilton on the last lap in the final race of the season in Abu Dhabi last year. 

The new deal is reported to be worth 40 to 50 million euro per year for Verstappen. 

Speaking about the new five-year-deal, Max said:

“I really enjoy being part of the Oracle Red Bull Racing Team, so choosing to stay to the 2028 season was an easy decision. I love this Team and last year was simply incredible, our goal since we came together in 2016 was to win the championship and we have done that, so now it’s about keeping the number one on the car long-term.”

Oracle Red Bull Racing CEO and Team Principal Christian Horner added:

“To have Max signed with Oracle Red Bull Racing through to the end of 2028 is a real statement of intent. Our immediate focus is on retaining Max’s World Championship title, but this deal also shows he is a part of the Team’s long-term planning. With the Red Bull Powertrains division working towards the new engine regulations for 2026 we wanted to make sure we had the best driver on the grid secured for that car.”

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